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anastassius [24]
2 years ago
9

It is generally harder to transfer one's ownership interest in a partnership than in a corporation. a. True b. False

Business
1 answer:
siniylev [52]2 years ago
7 0

There are different kinds of business. It is generally harder to transfer one's ownership interest in a partnership than in a corporation is a True statement.

<h3>Why is it harder to transfer one's ownership interest in a partnership?</h3>

Partnerships and proprietorships are known to have a tax advantage when compared to corporations. It is therefore harder to transfer one's ownership interest in a partnership than that of an corporation.

Ownership in a corporation is said to be usually transferred through the sale of stock. A change in ownership is known to not affect the presence of the corporation.

learn more about Partnerships  from

brainly.com/question/25012970

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The failure to record which transaction has no effect on the quality of inventory?
zimovet [89]

Do not record transactions that do not affect inventory quality. A recorded inventory transaction has actually taken place.

Records of inventory purchases made during the accounting period. The purchase account is increased by direct debit. The manufacturing costs of the goods sold are overestimated by the same amount. An overstatement of cost of goods sold will result in an understatement of net income and retained earnings by the original margin of error.

If the auditor is dissatisfied with the accuracy of the closing balance sheet and may be materially increase.

Inventory write-downs affect both the income statement and the balance sheet. Write-offs are treated as expenses. This means your net income and tax liability will be reduced. Therefore, a decrease in net income will reduce a company's retained earnings and reduce shareholders' equity on the balance sheet.

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1 year ago
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3 years ago
If you must apply for a loan, you should?
Agata [3.3K]
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7 0
3 years ago
Assess how entrepreneurship may be a viable option to counteract unemployment​
makkiz [27]

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As we've lightly touched on already, entrepreneurial enterprises provide citizens with paying jobs in order to operate and grow. They also provide employees with the means to further grow one's own earning potential through training and on-the-job experience.

3 0
3 years ago
When the government imposes price floors or price​ ceilings, A. some people​ win, some people​ lose, and there is a loss of econ
xxTIMURxx [149]

Answer:

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Explanation:

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